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CL Educate Ltd

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CL Educate Ltd

  • Parent company behind Career Launcher
  • Leader in Test Prep Segment in India
  • Businesses include test preparation and training, vocational training, publishing and content development and integrated solution for educational institutes and corporates
  • 212 test prep centers with 21,656 enrolled students in the first quarter of FY21
  • Total income stood at Rs. 14,289.61 lakh (US$ 119.24 million) for the nine months ended on December 30, 2020.

CL Educate Ltd, which operates under the brand name of Career Launcher, started operations in April 1996. The company has entered six business segments in the education industry since then and has become well recognized brand name in India. It is based out of New Delhi and its main business is entrance test preparation. The company also has presence in the K-12 segment through its Indus World School, which was started in 2006. The company acquired Kestone in 2008, through which it undertakes integrated business, marketing, and sales.

Company Website:  www.cleducate.com

CL Educate – A Public Start-up

2020 CL signed a memorandum of understanding (MoU) with All India Council for Technical Education (AICTE)
2019

Planned to start free education of NEET and JEE entrance exams in Delhi government schools.           
In February 2019, Career Launcher organised its first workshop on Artificial Intelligence (AI) and        Machine Learning (ML)

Planned to invest Rs. 30 crore (US$ 4.29 million) in early-stage start-ups based out of campuses
2018

Entered into a strategic partnership with EvueMe Selection Bot at helping students & professionals prepare for various kinds of interviews

CL Educate and GD Goenka Group tied up to educate 40,000 youth across India

CL educate announces the launch of Finance Upskilling courses in collaboration with BDO India
2017 Listed on BSE and NSE through Initial Public Offer (IPO), 100 per cent acquisition of Accendere
2011 Entered publication business with acquisition of GKP
2008 Foray into vocational training with acquisition of Kestone
2006 First Indus World School opened
2004 Acquired Lohana Test Series
2001 Acquired Paragon Classes and intellectual property of Compassbox.com
2000
Acquired KITS’ intellectual property and Professionals Online Pvt Ltd
1996 Incorporated as Career Launcher (India) Private Limited

 

Education Sector in India
India is the second largest market for E-learning after the US. The sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users.